Recruiter secures support for growth plans

A Midlands-based recruitment firm is set to accelerate its expansion following a funding boost.

EA First, founded by David McGarry in 2019 and operating from offices in Birmingham, Cambridge and London, has secured a £450,000 facility from North Yorkshire lender Skipton Business Finance to support its next phase of growth. 

Bosses at the specialist recruiter, which focuses on corporate office roles across the UK, say they plan to use the funding to pursue acquisition opportunities while strengthening day-to-day operations with increased working capital.

They add that the funding package will enhance its ability to respond to market demand and position the business for further national growth.

David said: “Securing the funding from Skipton Business Finance was a key turning point for our business. 

“It has given us the flexibility and confidence to move ahead with our acquisition plans and continue to expand our client base.

“We chose to work with Skipton Business Finance due to their incredible customer service and industry knowledge. 

“Their Confidential Invoice Discounting facility has unlocked exciting new opportunities and enabled us to invest in our growth strategy.”

The deal was arranged through Evolve Business Finance, a Nottingham-based firm that works with lenders and partners nationwide to help businesses access tailored funding solutions.

Stefan Radymski, a director of Evolve Business Finance, added: “We know how tough it can be for growing businesses to balance repayments with investment. 

“We worked closely with David McGarry and his team at EA First to simplify the business’ funding set-up, reduce its costs and put the business in a stronger position for the future. 

“The team at Skipton were proactive and easy to work with from start to finish, which made the process smooth for everyone involved. 

“It’s always rewarding when strong partnerships come together to deliver the right result for the client.  

“In this case, a facility that supports growth and strengthens the business for the long term.”

John Colburn, regional sales director for Skipton Business Finance, added: “We’re delighted to have supported EA First with this funding facility as they enter an exciting new phase of growth.

“At Skipton Business Finance, we pride ourselves on building long-term relationships with our clients and providing funding facilities that evolve with their needs. 

“EA First is a perfect example of how tailored financial support can help businesses reach their potential.”

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